QuickBooks Integration

There are numerous ways to integrate with QuickBooks. Some only synch deposits whereas other synch all reservation and payment information. Reservation Nexus is the first to introduce a full synch QuickBooks option where all setup is done by a QuickBooks specialist who verifies the setup by double checking the initial synch.

Export from your bank account or credit card gateway

Most banks offer online banking that has QuickBooks integration for downloading payments and expenses. This is the most affordable and most standard option. Gateways like Authorize.net (which are part of Reservation Nexus' seamless credit card processing) have a QuickBooks export option.

• Normally comes free as part of your banking or gateway
• When you do your books, it becomes part of doing QuickBooks

Full Synch QuickBooks Web Connect

Full and complete integration of Reservation Nexus with QuickBooks.

• Automatically synchs EVERYTHING from Reservation Nexus into QuickBooks: reservations, payments, customers, etc.
• No change whatsoever regarding your existing credit card processor!
• Full use of all QuickBooks reports
• Powerful & a timesaver
• No duplicate financial entries
• Works with your existing QuickBooks file
• Click here for pricing

IIF File [No longer supported by Intuit, makers of QuickBooks]

This is an outdated method of synching with QuickBooks. Its no longer supported by Intuit (owners of QuickBooks) because if you accidentally import the same IIF file twice, you get duplicates and either need to go to a backup or spend hours removing the duplicates from QuickBooks.

• Outdated and no longer supported by QuickBooks
• Importing any overlapping financial data causes duplicates
• It is normally a free service

Intuit QuickBooks Merchant Service [Presently not supported by Reservation Nexus]

While this service can be integrated with property management systems, you are forced to switch to Intuit's credit card processor and you can't use your current credit card processor. Make sure you read the fine print with regards to Intuit's credit card processing. For example, "qualified" charges might be at 2.44% but in the fine print non-qualified charges could be at 3.54%. From our own experience with them (Reservation Nexus tried them out for testing purposes), non-qualified to Intuit meant when we tried them any cash back or rewards card. Over 80% of all charges are on rewards cards and such, which would have cost thousands more a year in fees for our organization had we made the switch. We also experienced a $200 cancellation fee.

• No duplicate financial entries
• Lets you know when the money has arrived in your bank account
• As far as we understand only deposits are synched
• You are forced to use Intuits credit card processor and are at their mercy
• Property management systems that integrate this way often get a cut or commission which takes away from your profit margin. Its why they often give you a free copy of QuickBooks if you sign up. They will make that money back fast.
• Make sure you read the fine print on rate charges, cancellation fees and look for hidden fees